Asian stocks today: Markets rallied as hopes grew that Iran war could end soon; Kospi jumps 5.5%, Nikkei rises 3.9%

Asian stocks today: Markets rallied as hopes grew that Iran war could end soon; Kospi jumps 5.5%, Nikkei rises 3.9%

Asian shares rallied in early trade on Wednesday after hopes grew that the Iran war could end soon.MSCI’s broadest index of Asia-Pacific shares outside Japan rose by 2.7%, while South Korea’s Kospi surged as much as 5.5% and Japan’s Nikkei 225 jumped 3.9%.The gains came after US President Donald Trump said that the United States…

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Magicbricks, SPA tie up for research

Magicbricks, SPA tie up for research

NEW DELHI: Magicbricks has announced a strategic partnership with the School of Planning and Architecture (SPA Delhi) to bring sharper, research-led clarity to the country’s evolving real estate landscape. “By combining large-scale consumer demand signals with academic and spatial planning frameworks, the partnership seeks to create insights that are not just data-rich, but contextually meaningful,”…

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Sammaan eyes `1.5L cr book, 1,500 branches in three years

Sammaan eyes `1.5L cr book, 1,500 branches in three years

MUMBAI: Sammaan Capital, formerly Indiabulls Housing Finance, will pivot to a multi-asset lender spanning personal/gold/MSME loans after its acquisition by Abu Dhabi-based International Holding Company for about Rs 8,850 crore, making it a multinational NBFC.IHC’s affiliate Avenir Investment RSC will take a 41.5% stake via preferential shares/warrants, with scope to cross 63% through a mandatory…

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ITR filing AY 2026-27: Income Tax Return forms ITR-1 to ITR-7 notified; key changes, eligibility explained

ITR filing AY 2026-27: Income Tax Return forms ITR-1 to ITR-7 notified; key changes, eligibility explained

The government on March 30, 2026 notified Income Tax Return (ITR) forms ITR-1 to ITR-7 for the assessment year 2026-27, marking the start of the ITR filing season. Individuals, pensioners, professionals and other taxpayers can now file their returns using the applicable forms by July 31, 2026.A key change this year relates to ITR-1 (Sahaj),…

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Indian business delegation visits China after five-year gap; focus on EV, clean energy ties

Indian business delegation visits China after five-year gap; focus on EV, clean energy ties

In a significant step following the recent thaw in bilateral ties, an Indian business delegation has travelled to China, marking the first such visit in over five years after relations were frozen due to the 2020 Eastern Ladakh military standoff.A delegation from the Punjab, Haryana, Delhi Chambers of Commerce and Industry (PHDCCI) is currently visiting…

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Vedanta tells Supreme Court its revised Jaypee bid tops Adani offer

Vedanta tells Supreme Court its revised Jaypee bid tops Adani offer

Mining billionaire Anil Agarwal’s Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group’s offer.In its petition challenging the lenders’ decision to accept Adani’s takeover offer, Vedanta contended that its addendum bid is about Rs 3,400 crore higher in gross…

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